Closing prices of the equity shares

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..... on the stock exchange during the two weeks preceding the relevant date: Provided that the issuer may offer a discount of not more than five per cent. on the price so calculated, subject to approval of shareholders as specified in clause (a) of regulation 172 of these regulations, except that no shareholders approval will be required in case of a qualified institutions placement made through an of .....

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..... vided further that on allotment of equity shares on exercise of options attached to warrants, such equity shares shall be fully paid-up. (4) The issue price shall be subject to appropriate adjustments, if the issuer: a) makes an issue of equity shares by way of capitalization of profits or reserves, other than by way of a dividend on shares; b) makes a rights issue of equity shares; c) consolidate .....

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..... sub-regulation (1), the term stock exchange means any of the recognised stock exchanges in which the equity shares of the same class of the issuer are listed and in which the highest trading volume in such equity shares has been recorded during the two weeks immediately preceding the relevant date. *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/178 dated 17-05-2024 .....

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